Klepierre (OTCMKTS:KLPEF) Hits New 12-Month High – Still a Buy?

Klepierre (OTCMKTS:KLPEF)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $45.0150 and last traded at $45.0150, with a volume of 142 shares traded. The stock had previously closed at $42.44.

Analyst Ratings Changes

A number of brokerages have weighed in on KLPEF. Zacks Research upgraded Klepierre to a “hold” rating in a research note on Tuesday, July 21st. Oddo Bhf upgraded shares of Klepierre to an “outperform” rating in a research report on Wednesday, July 15th. Finally, BNP Paribas Exane assumed coverage on shares of Klepierre in a report on Wednesday, July 1st. They issued a “neutral” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Klepierre presently has a consensus rating of “Moderate Buy”.

Klepierre Stock Performance

The stock has a fifty day moving average of $41.35 and a 200-day moving average of $39.93. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.57.

Klepierre Company Profile

Klepierre SA is a French real estate investment trust (REIT) specializing in the ownership, management and development of high-quality shopping centers across Europe. Headquartered in Paris, the company focuses on creating sustainable retail destinations and enhancing consumer experiences through targeted asset management, tenant mix optimization and modernization projects.

With a portfolio encompassing more than 70 regional shopping centers and prime retail destinations in countries such as France, Italy, Spain, Germany, Sweden and the Netherlands, Klepierre engages in the full property lifecycle.